kristy - I'm staying 'conservative' - using 10,000 bopd for Galoc (2279 bopd for NDO) and not 17,500 bopd at this stage - get 30 cents at the low end and 42 cents on sector average.
I have for curiosity put in West Linapacan etc... to see what happens - lol!
We just need someone with credibility on board with the exploration assets in SC58 and Area 1 (once given the green light) to stabalise things imo.
By the way - go look at the outlooks for BPT and TAP and plug in their 2006 calendar year estimates and see what you get. In this case we can use nearer to the current oil price and for BPT I am taking sector average but for TAP I am taking bottom end (like for NDO) as like NDO the future reserves are an issue / more speculative.
If NDO can progress some ROD stuff I might think higher - but not at this stage. If they can reveal a partner with deep pockets on board then everything changes too in my opinion. If they don't...??
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